Pennsburg Real Estate Market Extends Downward Trend in Home Sales

Over the last 30 days, one home was sold in the Pennsburg market, down 50.0%. Additionally, the market is still in a solid downward trend overall. Prices are rising in Pennsburg, and the median sales price this period increased from $227,150 to $289,500. With a downward trend in sales numbers and 15 months of inventory still left to work through, Pennsburg is a definite buyer's market.

If you are curious about inexpensive homes in Pennsburg, start off by checking out these great listings:

$118K   $143K   $160K  

Get started right now by checking out Pennsburg homes for sale or reviewing Pennsburg real estate trends.

Demographic facts about Pennsburg:

  • The average age of houses in this area is 44 years old.
  • The area gets an average of 26.7 inches of snow each year. (U.S. average: 25)
  • The job growth rating in this area is 53. (Scale: 1 = Worst, 100 = Best)
  • The average school expenditure per student is $7,429. ($5,691 = national average)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
RE/MAX 440
2 reviews
RE/MAX ACHIEVERS
11 reviews
Keller Williams Real Estate
Snapped 7 homes in this area

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